Blue Owl Capital Inc. · NYSE:OWL
Blue Owl Capital — Merger or Acquisition (July 2024)
9 slides from Blue Owl Capital's merger presentation, July 2024
Slide 1: Blue Owl Expands Alternative Credit Capabilities with Acquisition of Atalaya's Business
Blue Owl Expands Alternative Credit Capabilities with Acquisition of Atalaya’s Business July 2024
Slide 2: Disclosures
Disclosures About Blue Owl Blue Owl Capital Inc. (“Blue Owl”) (NYSE: OWL) is a leading asset manager that is redefining alternatives. With over $174 billion in assets under management as of March 31, 2024, we invest across three multi-strategy platforms: Credit, GP Strategic Capital, and Real Estate
Slide 3: Disclosures
Disclosures Important Notice No representations or warranties, express or implied are given in, or in respect of, this presentation. To the fullest extent permitted by law, in no circumstances will Blue Owl or any of its subsidiaries, stockholders, affiliates, representatives, partners, directors, o
Slide 4: Scaled Expansion into Alternative Credit for Blue Owl
Scaled Expansion into Alternative Credit for Blue Owl Acquisition of Atalaya’s business ($10bn+ of AUM1) broadens asset-based finance capabilities and establishes an incumbent position in a multi-trillion-dollar (and growing) market Blue Owl Credit Platform Insurance- Liquid Credit & Direct Lending
Slide 5: Atalaya's Areas of Focus within Alternative Credit
Atalaya’s Areas of Focus within Alternative Credit SPECIALTY FINANCE REAL ESTATE CORPORATE Consumer Loans and Leases Loan Purchases from Banks Structured Capital Solutions Commercial and Small Business Finance Bridge, Transitional & Construction Lending Opportunistic Asset Purchases Mission-Critical
Slide 6: Atalaya Transaction Summary
Atalaya Transaction Summary • Blue Owl to acquire Atalaya Capital Management LP’s (“Atalaya”) business for $450 million. o The $450 million upfront purchase price will be paid through a combination of $350 million of Blue Owl equity and $100 million in cash. ▪ The $100 million of cash proceeds is ex
Slide 7: Strategic Rationale
Strategic Rationale Provides immediate and scaled expansion into a multi-trillion-dollar Alternative Credit market driven by secular tailwinds Contributes unique and differentiated capabilities and an 18-year track record of successfully investing across market cycles Complements Blue Owl’s strength
Slide 8: The Alternative Credit Market Opportunity
The Alternative Credit Market Opportunity Asset-Based Finance Market(1) Why Alternative Credit? Alternative credit is an expansive market that encompasses numerous The US asset-based finance market represents $7tn+ verticals and asset classes, including private asset-based finance (ABF) and non-trad
Slide 9: ff sue OWL
ff sue OWL